via Trade Finance Global by Flora Prideaux
Foreign exchange (FX) poses a unique problem for the trade finance industry. The global scale of commodity finance leaves vendors negotiating a huge variety of international jurisdictions, regulations, and currencies daily.
While the speed of payments has skyrocketed, commodities themselves are still moving with ships. Financing multi-currency transactions that rely on assumed conversion rates is increasingly difficult amid the volatility of this decade.
At BAFT Europe 2026, a panel moderated by Vanessa Manning, Head of Transaction Banking EMEA at MUFG, titled ‘Navigating the Future of FX: Innovation, Risk and Client Experience Transformation’ discussed the innovation led by corporates, the challenges of market integration and instant payments, and the future of FX.